Nuclear Power

PSC to Get Update on Progress Nuke Plant — Dec. 27, 2012 — The state Public Service Commission has scheduled a Jan. 7 meeting to get updated information about Progress Energy Florida’s idled nuclear-power plant at Crystal River. Progress has been studying whether to repair or permanently shut down the plant, which has not operated since 2009 because of cracks in a containment building. A consultant’s report this year said it would cost a minimum of $1.5 billion to repair the plant and that the amount could go as high as $3.43 billion in a “worst-case scenario.” Progress, the state Office of Public Counsel, the Florida Industrial Power Users Group and other customer organizations reached a settlement agreement early this year that dealt with the repair issue. That agreement, in part, offered financial incentives for Progress to start repair work by the end of 2012. But a company attorney informed the PSC in October that starting work during that time frame was unlikely.

St. Petersburg College Institute for Strategic Policy Solutions presents “Our Energy Future I: Are Nukes Still Viable, and Do Lawmakers Get It on Energy?”